j2 Global Communications, Inc. Acquires keepITsafe
By J2 Global Communications Inc., PRNEWednesday, October 20, 2010
LOS ANGELES, October 21, 2010 - j2 Global Communications, Inc. (NasdaqGS: JCOM), the provider of
outsourced, value-added messaging and communications services, today
announced that it has acquired keepITsafe Data Solutions Ltd., Ireland's
largest provider of cloud-based, online backup services. The acquisition
expands j2 Global's cloud-based business services portfolio to now include
online data backup in addition to its core Internet fax, voice and email
services. j2 Global brands include eFax(R), eVoice(R), Onebox(R), and
Electric Mail(R), among others. The company is online at www.j2global.com.
(Logo: photos.prnewswire.com/prnh/20060710/LAM002LOGO) (Logo: www.newscom.com/cgi-bin/prnh/20060710/LAM002LOGO)
"The acquisition of keepITsafe further expands our services offering and
the international scope of our business and gives us an opportunity to reach
new markets and customers," said Hemi Zucker, CEO of j2 Global
Communications, Inc. "As companies increasingly rely on electronic data for
business critical operations, secure and reliable backup, plus timely
recovery, of digital assets is essential. This acquisition brings the
expertise of a market leader in online backup to j2 Global, and is a win for
both companies."
Terms of the acquisition were not disclosed and the financial impact to
j2 Global is not expected to be material.
About j2 Global Communications
Founded in 1995, j2 Global Communications, Inc. provides outsourced,
value-added messaging and communications services to individuals and
businesses around the world. With offices in eight cities worldwide, j2
Global's network spans more than 4,100 cities in 49 countries on six
continents. The Company's websites appear in numerous languages, including
Dutch, French, German, Spanish, English and more. Payments are accepted in
currencies that include the U.S. Dollar, British Pound, Canadian Dollar,
Japanese Yen, Euro, Hong Kong Dollar and more. j2 Global provides live sales
and customer service support in multiple languages, including English,
Spanish, Dutch, German, French, Cantonese and more. j2 Global markets its
services principally under the brands eFax(R), eFax Corporate(R), Onebox(R),
eVoice(R) and Electric Mail(R). As of December 31, 2009, j2 Global had
achieved 14 consecutive fiscal years of revenue growth and eight consecutive
fiscal years of positive and growing operating earnings. For more information
about j2 Global, please visit www.j2global.com.
"Safe Harbor" Statement Under the Private Securities Litigation Reform
Act of 1995:
Certain statements in this Press Release are "forward-looking statements"
within the meaning of The Private Securities Litigation Act of 1995. These
forward-looking statements are based on management's current expectations or
beliefs and are subject to numerous assumptions, risks and uncertainties that
could cause actual results to differ materially from those described in the
forward-looking statements. These factors and uncertainties include, among
other items: our ability to successfully integrate acquired businesses and
customers into our business and operations, our ability to launch additional
marketing programs and the success of those programs, our ability to release
new products and the success of those products, our ability to expand our
network and services into new geographic regions, and the numerous other
factors set forth in j2 Global's filings with the Securities and Exchange
Commission ("SEC"). For a more detailed description of the risk factors and
uncertainties affecting j2 Global, refer to the 2009 Annual Report on Form
10-K filed by j2 Global on February 23, 2010, and the other reports filed by
j2 Global from time-to-time with the SEC, each of which is available at
www.sec.gov. Although management's expectations may change after the date of
this press release, the Company undertakes no obligation to revise or update
these expectations.
j2 Global press contact: Bill Threlkeld pr@j2global.com Senior Manager, Public Relations
www.j2global.com
Bill Threlkeld Senior Manager, Public Relations of j2 Global Communications, Inc., +1-323-386-2382, pr at j2global.com
Tags: california, ireland, J2 Global Communications Inc., Los angeles, October 21, United Kingdom